Question

Impact on small trade on globalization

Answer 1

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A positive aspect of increased globalization for a small business is they can often have a greater impact with their product or 'message'. ... In keeping with this idea, small businesses have access to foreign clientele with increased globalization❤️

Answer 2

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A positive aspect of increased globalization for a small business is they can often have a greater impact with their product or ‘message’. A paving stone to globalization is the efficient connectivity of businesses and consumers worldwide by communications (internet) and shipping routes (cargo flights). This means that items can be shipped between countries and economies at a reduced cost and in a very short time. This has broken down the borders between countries and as such, consumers are inclined to turn to the internet in their search for the perfect product and whether it comes from Alaska or New Zealand, it makes no difference to them. Suddenly with this phenomenon, a small business not only serves their local market but are also competitors in the international arena

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